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BITM Bank pays 25% interest.compounded annually on its savings accounts. BHM Bank pays 2.5% simple interest on its savings accounts. You want to deposit sufficient

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BITM Bank pays 25% interest.compounded annually on its savings accounts. BHM Bank pays 2.5% simple interest on its savings accounts. You want to deposit sufficient funds today s today. The amount you must deposit today is the same regardless of which bank you choose because the time period is the same for both banks O will be greater if you invest with BITM Bank is the same regardless of which bank you choose because they both pay simple interest. O is the same regardless of which bank you choose because they both pay compound interest will be greater if you invest with BHM Bank BITM Bank pays 25% interest.compounded annually on its savings accounts. BHM Bank pays 2.5% simple interest on its savings accounts. You want to deposit sufficient funds today s today. The amount you must deposit today is the same regardless of which bank you choose because the time period is the same for both banks O will be greater if you invest with BITM Bank is the same regardless of which bank you choose because they both pay simple interest. O is the same regardless of which bank you choose because they both pay compound interest will be greater if you invest with BHM Bank

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